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$ 3,650,000
Est. payment | /mo
5.18 Acres Lot
$ 3,650,000
Est. payment | /mo
5.18 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type Asset
MLS Listing ID C8077449
Lot Size 5.180 Acres
Property Description
An exceptional 9.5-acre development opportunity in Peachland, BC, offering prime potential for multi-family residential construction in one of the Okanagan's most desirable lakefront communities. Located at 5930 Columbia Avenue, this rare offering includes two parcels zoned RM3, with OCP support for RM4 zoning, allowing up to 24 units per acre and potential for 200+ residential units. The property's natural topography is ideal for lakeview condos, townhomes, or a mixed-density development, with elevated sightlines capturing stunning views of Lake. Just a short 10-minute walk to Beach Avenue, future residents will enjoy cafés, restaurants, boutique shopping, parks, and the waterfront boardwalk. Total land area is approximately 9.46 acres across two parcels presenting a rare opportunity for builders and developers to secure a large-scale site with strong upside in a high-demand market.
Location
Province BC
Community Fvreb Out Of Town
Area Fvreb Out Of Town
Zoning RM3
Building
Water None
Others
Ownership Freehold
Nearby Locations
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